Category: Altcoin

Avalanche pushes out Dogecoin from top-10 after AVAX price soars 100% in November

Avalanche pushes out Dogecoin from top-10 after AVAX price soars 100% in November

Avalanche (AVAX) is now the tenth-largest cryptocurrency by market capitalization after more than doubling in price since the start of November. AVAX entered the top-10 crypto index after pushing out Dogecoin (DOGE). In doing so, its circulating market valuation reached $30.60 billion for the first time compared to Dogecoin’s $30.30 billion. AVAX circulating market cap. […]

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‘Musk effect’ sees crypto named after SpaceX’s Starlink satellites gain over 140% in 3 days

‘Musk effect’ sees crypto named after SpaceX’s Starlink satellites gain over 140% in 3 days

In a bizarre event, a cryptocurrency with the same name as SpaceX’s satellite range Starlink jumped over 140% as Elon Musk’s space technology company launched 53 of them into the Earth’s lower orbit. Watch Falcon 9 launch 53 Starlink satellites to orbit → https://t.co/bJFjLCzWdK https://t.co/dgHuF6SIZ4 — SpaceX (@SpaceX) November 13, 2021 Written as StarLink (STARL), […]

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Bitcoin eyes third weekly close above $60K as Ethereum fuels new altcoin market cap record

Bitcoin eyes third weekly close above $60K as Ethereum fuels new altcoin market cap record

ETH hits all-time highs, giving altcoins their moment in the spotlight as Bitcoin consolidates just below its “worst case scenario” monthly close target. 2958 Total views 37 Total shares Bitcoin (BTC) preserved $61,000 into the weekend after “aggressive” buying on Coinbase sparked multi-day highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Coinbase BTC buyers step […]

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Beating Bitcoin: Why some traders don’t care about USD prices

Beating Bitcoin: Why some traders don’t care about USD prices

There are always two components to each altcoin’s price. One is the coin’s own characteristics: Fundamentals, investor sentiment toward the asset, liquidity and trading volume, among many others. Another powerful factor — the one that often renders any altcoin-specific dynamics irrelevant — is Bitcoin’s performance. Like it or not, when the king of cryptocurrencies soars, […]

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